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Is Apache Headed to Triple Digits?
By David Russell, reporter at OptionMonster NEW YORK -- Energy producer Apache bounced at its 200-day moving average, and the bulls are looking for steady gains. OptionMonster's tracking programs detected the purchase of 10,000 January 90 calls for $3.51 and the sale of an equal number of January 100 calls for...
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Oklahoma Tornado Leaves at Least 91 Dead: Report
NEW YORK (TheStreet) -- A massive tornado cut a swath of destruction across the suburbs of Oklahoma City on Monday, according to published media reports, killing at least 91 people, 20 of them children. The tornado flattened multiple buildings in Moore, about 10 miles south of the city. The New York Times reported...
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European Banks Face Severe Handicap Recruiting in U.S., Asia
NEW YORK (TheStreet) -- European banks may soon find it far more difficult to attract and retain talented U.S. executives, as new pay restrictions draw closer. Under new rules being finalized by the European Banking Authority, top executives at European banks and money management companies will likely be required to...
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Yahoo! Unveils Flickr Overhaul, NY Office
NEW YORK (TheStreet) -- Yesterday turned out to be a very busy day for the new Yahoo!. First, the announcement, early on Monday that the Internet giant paid $1.1 billion to buy microblogging site Tumblr. Then, late Monday afternoon Yahoo! gathered a very small number of journalists in a hotel overlooking Times...
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Tornado Leaves at Least 51 Dead in Oklahoma: Reports
NEW YORK (TheStreet) - A massive tornado has cut a swath of destruction across the suburbs of Oklahoma City, according to published media reports, leaving at least 51 people dead. The Associated Press reports that the tornado flattened multiple buildings in Moore, about 10 miles south of the city. At least 51 people...
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Cramer's 'Mad Money' Recap: Think Dividends, Not Coupons
Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener. NEW YORK (TheStreet) -- We want dividends from stocks, not coupons from bonds, Jim Cramer told his "Mad Money" TV show viewers Monday as he offered investment advice for this week's Powerball lottery winner and...
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Urban Outfitters Drops on Lower-than-Expected Sales
NEW YORK (TheStreet) - Urban Outfitters , owner of Anthropologie, Free People and its name brand, fell in after-hours trading as sales growth fell short of analyst expectations. Shares were falling 3.1% in after market trading after closing Monday at $44.49 per share. The Philadelphia-based specialty retailer said...
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Bank Stocks Do It Again: Financial Winners
NEW YORK (TheStreet) -- Capital One was the winner among the nation's largest banks on Monday, with shares rising 2% to close at $61.81. The broad indices all ended with slight declines, but bank stocks continued their amazing run, with the KBW Bank Index rising 0.5% to close at 61.43. The KBW index is up 20% this...
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Why the Yahoo-Tumblr Deal Sucks
NEW YORK (TheStreet) -- From the get-go, I strongly supported Marissa Mayer's tenure as Yahoo! CEO. While I still believe in the legend of Mayer, I'm officially jumping off the bandwagon. YHOO stock is up 70% since Mayer got the gig. If you have been long, get the hell out. Even if you miss a bit more upside, why be...
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Google Wallet, RIP?
By Robert McGarvey NEW YORK (MainStreet)--The drumbeats announcing death are getting louder around Google Wallet, at least as regards its use at point of sale via smartphones. Multiple sources are predicting it will be "quietly" killed off. The smoking gun that triggered the whispers was the May 8 ouster of Osama...
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Corporate Profit Margins to Increase Through 2014, Says Morgan Stanley
NEW YORK (TheStreet) -- U.S. corporations will generate increased profitability on average during each quarter through 2014, Morgan Stanley said in a report published Monday. Gross margins for the top 1,500 equities are at 29%, and are forecast to reach an average of 34.6% by the end of 2014, Morgan Stanley said in...
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Tumblr Yahoos! Old Dog, New Blog
NEW YORK (MainStreet)--Until today, Jim Cramer thought Tumblr was a kind of drinking glass. So when Yahoo! announced its $1.1 billion acquisition of the micro-blogging platform founded by David Karp in 2006, we had to step in and set him straight. We introduced him to my personal Tumblr and explained how the Yahoo!...
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Ireland Welcomes Watson Pharmaceuticals, an American Success
NEW YORK (TheStreet) - Watson Pharmaceuticals, founded by a Taiwanese immigrant in the early 1980s and now a rival to generic drug giants Teva Pharmaceuticals and Novartis , is such an American success story the company has wound up in Ireland. On Monday, Watson capped its intercontinental move when the company...
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Cramer Quick Take: Talking MLPs
NEW YORK (TheStreet) -- "Mad Money" Research Director Nicole Urken sat down with TheStreet's Jim Cramer to talk about master limited partnerships. With the recent run in stocks, many investors are left wondering where to put their money to work. Bonds won't work, according to Cramer -- even municipal bonds, because...
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Grads Shocked by Their Own College Debt
NEW YORK (TheStreet) -- Are U.S. college graduates "surprised" by the amount of student loan debt they've accumulated? You bet they are. But the real question is this: How did college grads not see this loan debt tsunami coming? Also see: Jumping into a Summer Job? Here's Where (and How) to Get Hired Now More data...
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Betting on BB&T
NEW YORK (TheStreet)- On more than one occasion, I've sang the praises of BB&T to just about anyone who cared to listen. While this regional bank does not carry the high profile of JPMorgan Chase or the consistency of Wells Fargo , BB&T was not bruised like many of its peers during the financial crisis. Even...
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Nvidia's Backing Its 'Big Game' Talks
NEW YORK (TheStreet) -- Each time Nvidia is discussed it's always in the context of the company's ability to change its chip strategy. The Street doubts Nvidia can successfully transition itself from a PC-dependent graphics chip company to one that can compete on the big stage with Qualcomm and Broadcom in the realm...
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Cramer Quick Take: Learning About Tumblr
NEW YORK (TheStreet) -- "Mad Money" Research Director Nicole Urken sat down with her brother, TheStreet's Ross Kenneth Urken, to help Jim Cramer understand Tumblr, the social media blogging site being bought by Yahoo!. Cramer, who had mistakenly interpreted Tumblr as a type of drink, wasn't aware of its purpose --...
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Cramer Quick Take: Yahoo!-Tumblr Could Be Huge
NEW YORK (TheStreet) -- TheStreet's Jim Cramer and "Mad Money" Research Director Nicole Urken sat down to discuss the Tumblr takeover by Yahoo!. Yahoo! has reportedly agreed to pay $1.1 billion for the social media blogging site Tumblr. The board unanimously agreed to the purchase, which included keeping David Karp,...
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When the Oil Boom Turns to Bust
Oil booms bust as new supplies become available. The present recovery is no different.
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GE Capital to Pay $6.5 Billion Dividends to GE
GE Capital will pay even more in dividends to General Electric than it did last year, feeding a huge capital return to shareholders. Click to view a price quote on GE. Click to research the Industrial industry.
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Websense Surges on Vista Equity Buyout
Websense agrees to be taken private as PE giants continue to scoop up tech firms. Click to view a price quote on WBSN. Click to research the Diversified Services industry.
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Cities Need More Starbucks, Not City Targets
By not innovating now, brick and mortar retail such as Target poorly prepares itself to respond to inevitable disruption. Click to view a price quote on TGT. Click to research the Retail industry.
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Build a Strong Portfolio With REITs: Opinion
NEW YORK (TheStreet) -- It's hard to argue REITs should not be in your core portfolio when the dividend-centric sector is crushing just about all other well known asset classes. Year to date, all equity real estate investment trusts have returned over 15%, according to NAREIT, beating out the broader S&P 500...
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The Deal: Yahoo! Posts Tumblr For $1.1B in Mobile Growth Bid
NEW YORK (TheDeal) -- Yahoo!, the Sunnyvale, California-based Web company undergoing a broad strategy shift under new CEO Marissa Mayer, will acquire New York startup Tumblr for $1.1 billion in cash in an ongoing attempt to establish its presence on smartphones. Tumblr reportedly took in $13 million in revenue in...
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Cramer: A Pile of Simply Horrendous Advice
Editor's Note: This article was originally published at 7:40 a.m. ET on Real Money on May 20. To see Jim Cramer's latest commentary as it's published, sign up for a free trial of Real Money. NEW YORK (Real Money) -- You've been an idiot if you've sold almost any stock so far since the start of 2013. You've been a...
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Gold Prices Dip, Silver Hits 2010 Low
NEW YORK (TheStreet) -- Gold prices were posting their eighth consecutive negative trading session as inflation fears continued to ebb, and as silver prices dipped to their lowest level since 2010. Gold for June delivery at the COMEX division of the CME was shedding $7.20 to $1,357.50 an ounce. The gold price traded...
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Should Powerball Winner Take Lump-sum Payment or Annuitize?
NEW YORK (MainStreet)-One lucky person at a Publix supermarket in Zephyrhills, Fla. purchased the winning ticket for the highest Powerball jackpot in history, estimated at $590.5 million. After winning with odds at 1 in 175.2 million, the person has done the hard part, but whether to take a lump-sum cash pay-out or...
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Citi Mortgage CEO Sanjiv Das Departs
NEW YORK (TheStreet) -- Citigroup said Sanjiv Das, CEO of Citi Mortgage, is leaving the bank to pursue other opportunities. According to an internal memo announcing management changes, viewed by TheStreet, CEO Mike Corbat said Jane Fraser will become CEO of Citi Mortgages. Fraser led the Citi Private Bank for the...
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Did Google Just Place Three Big Bets on Nvidia?
NEW YORK (TheStreet) -- Google is in increasing competition with the main computing ecosystem players. Among the biggest fights Google is engaging, are the following three: Apple : Google needs to out-gun Apple in mobile computing -- smartphones and tablets. Microsoft : Google needs to out-gun Microsoft in...
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